Low-voltage Protection Equipment in Brazil | The Observatory of Economic Complexity

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Exports In 2022, Brazil exported $249M in Low-voltage Protection Equipment, making it the 42nd largest exporter of Low-voltage Protection Equipment in the world. At the same year, Low-voltage Protection Equipment was the 116th most exported product in Brazil. The main destination of Low-voltage Protection Equipment exports from Brazil are: United States ($101M), Argentina ($28.9M), Mexico ($11.4M), Philippines ($10.6M), and Paraguay ($9.22M).

The fastest growing export markets for Low-voltage Protection Equipment of Brazil between 2021 and 2022 were United States ($56.7M), Argentina ($10.4M), and Colombia ($2.83M).

Imports In 2022, Brazil imported $1.19B in Low-voltage Protection Equipment, becoming the 26th largest importer of Low-voltage Protection Equipment in the world. At the same year, Low-voltage Protection Equipment was the 42nd most imported product in Brazil. Brazil imports Low-voltage Protection Equipment primarily from: China ($470M), Germany ($156M), United States ($138M), Japan ($55.4M), and Italy ($52.3M).

The fastest growing import markets in Low-voltage Protection Equipment for Brazil between 2021 and 2022 were United States ($25.4M), Germany ($14.8M), and Mexico ($10.6M).

COMPANIES In 2023, leading companies such as FORD MOTOR COMPANY (33) and SCHINDLER ELEVATOR CORPORATION (2) were at the forefront of shipping Low-voltage Protection Equipment from Brazil to the United States.

Latest Trends

March 2024

About

Overview In March 2024 Brazil's Low-voltage Protection Equipment exports accounted up to $23.4M and imports accounted up to $119M, resulting in a negative trade balance of $95.4M. Between March 2023 and March 2024 the exports of Brazil's Low-voltage Protection Equipment have increased by $3.76M (19.1%) from $19.6M to $23.4M, while imports decreased by $-2.58M (-2.13%) from $121M to $119M.

Destinations In March 2024, Low-voltage Protection Equipment were exported mostly to United States ($12.7M), Argentina ($3.23M), Mexico ($1.02M), Colombia ($777k), and Chile ($580k), and were imported mostly from China ($45.6M), Germany ($12.5M), United States ($11M), Italy ($6.64M), and Mexico ($5.59M).

Growth In March 2024, the increase in Low-voltage Protection Equipment's year-by-year exports was explained primarily by an increase in exports to United States ($7.84M or 176%), Argentina ($456k or 31.9%), and Algeria ($430k or 358k%). In March 2024, the decrease in Low-voltage Protection Equipment's year-by-year imports was explained primarily by a decrease in imports from China ($-2.37M or -4.74%), South Korea ($-1.44M or -31.7%), and Thailand ($-714k or -34.9%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (March 2023 - March 2024)$3.76M(19.1%)

IMPORT GROWTH (March 2023 - March 2024)$-2.58M(-2.13%)

MAIN EXPORTER (March 2024)São Paulo$14.5M

MAIN DESTINATION (March 2024)United States$12.7M

This section shows Low-voltage Protection Equipment's exports and imports data at subnational level for Brazil. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Low-voltage Protection Equipment over time.

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